News 9 Mar 18
Petition to scrap 25% Qrops charge on the slow road to nowhere
A bid to force the UK Government to repeal the 25% charge on qualifying recognised overseas pension schemes (Qrops) is not generating nearly enough signatures to generate a government response.
DeVere expands fintech offering with investment app
Clients will be able to buy structured notes, ETFs and mutual funds via an execution-only investment app launched by deVere Group on Wednesday.
Sipp sales offset Qrops slump at STM
UK financial services firm STM Group doubled its pre tax operating profit during the first six months of 2017, with new business from self-invested personal pension (Sipp) products helping offset the impact of the new government levy on transfers to foreign pension schemes.